Marks & Spencer to launch high street bank

Marks & Spencer (M&S) has announced it will be launching a high street banking operation in the summer. The popular retailer has said that it will launch 50 branches, backed by HSBC, with the first one in its flagship Marble Arch store. The new venture, which will have meeting rooms and more informal seating than traditional counters, will employ 500 people by the end of 2013. Our advisers can help you make the right decision...